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January 2020

Greetings,
You are receiving this newsletter with hopes that you find it informative and entertaining.

If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact us any time. It is our pleasure to help you.

Best regards,
Lyle Longridge

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2020 FORECAST VIDEO
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Strong finish for mediocre year in Fraser Valley real estate
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Home sales decline below long-term averages in 2019 despite increased demand to end the year
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Greater Vancouver assessments down except for detached housing in Whistler, Pemberton, and Squamish Monday, January 6, 2020
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Latest video market update from REBGV indicates annual price drop over 2019 approx. 3% but over the la 3 months prices have been steadily rising
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THE TOOLS OF RE/MAX AGENT!
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Market watch - Strong Recovery in Sales Activity in 2019
We certainly saw a recovery in sales activity in 2019 in many areas around the country, particularly in the second half of the year. As anticipated, many home buyers who were initially on the sidelines moved back into the market place starting in the spring. Buyer confidence was buoyed by a strong regional economy and declining contract mortgage rates over the course of the year.
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Canadian Housing Market Outlook for 2020
The Canadian housing market is expected to stabilize in 2019, particularly in Vancouver and Toronto, as we move into 2020. Healthy price increases are expected this year, with estimating a 3.7 per-cent increase in the average residential sale price.
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Renting vs. Owning a Home: What's the Difference?
Buying a house can be the most rewarding purchase you ever make. However, depending on your current circumstance this may not be your best option. To help make an educated decision, try to answer the following questions first:
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Is Refinancing Your Mortgage a Good Idea?
There are times when it makes sense to refinance your mortgage. It is, however, important to have a clear financial objective in mind to be able to choose the most appropriate loan.
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Beautify Your Home With Stone Veneer Design
Whether you want to increase the resale value of your home, or you just want it to look its best inside and out, nothing does both like the look of stone crafted designs. Yet, natural stone can be prohibitively expensive.
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Compliments of
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Lyle Longridge
Associate Broker/Realtor
RE/MAX CREST
lyle@lylelongridge.com
Cell : 604-812-4076

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Know what I want?

More great clients like you! Your referrals are always appreciated.

Lyle Longridge
Realtor/Associate Broker
Longridge Real Estate @ RE/MAX CREST
#1-5050 Kingsway
Burnaby, BC, V5H 4C2

Email us: lyle@lylelongridge.com
Call us : 604-812-4076

 

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